Strategy Pauses Bitcoin Sales, Raises USD Reserve to $4.8 Billion

Michael Saylors Strategy has paused its Bitcoin sales after reducing its BTC holdings for two consecutive weeks. The Bitcoin treasury company instead continued repurchasing STRC shares last week, funding the buybacks through sales of its MSTR common stock while also boosting its cash reserves. According to a recent SEC filing, Strategy sold nearly 3.46 million MSTR shares through its at-the-market (ATM) program, generating approximately $333.7 million. The company still has around 21.7 million MSTR shares available for issuance under the program. Strategy allocated $132.2 million of the net…  Read more

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